The Internal Revenue Service (IRS) has confirmed that the agency will offer 5,000 job openings and add high-tech customer support features to deal with its massive backlog tax returns and correspondence. “This is an exciting time to work for the Internal Revenue Service,” Ken Corbin, IRS taxpayer experience manager and commissioner of wages and investments, […]
Tag: revenue service
Nigeria: LIRS reaffirms March 31 deadline for filing annual personal income tax returns
The Lagos State Internal Revenue Service (LIRS) has advised all individual taxpayers, including the self-employed and employees under the PAYE scheme, to file their annual tax returns by March 31, 2022. This, he said in a statement, is in accordance with the provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended). […]
LIRS reaffirms March 31 deadline for filing annual personal income tax returns
Pursuant to the provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended), the Lagos State Revenue Service (LIRS) has notified all individual taxpayers, including self-employed and pay-as-you-go employees. -earn (PAYE) to file their annual tax returns by March 31, 2022. A statement from LIRS explained yesterday that the requirement to file […]
Do you qualify for the California Earned Income Tax Credit? Here’s how much you could get | State and Region
Hanh Truong the Sacramento Bee For those filing taxes for the first time this year – fair warning – you’re going to find yourself in a pile of tax returns, receipts and complex tax jargon. Among the large glossary of terms, make sure you know what “earned income tax credit” is so you can save […]
2022 IRS tax tips: What you need to know about child credit and stimulus checks
The first thing you need to do before filing your tax return is to make sure you have all the documents ready, like your W-2 or 1099. “We don’t want to scare people off by telling them that if they don’t file an accurate tax return, they’re going to be in trouble. If there are […]
Fraud Watch: tax scams on the scene | Lifestyles
Tax season is underway. This scene plays out too often: you gather all the paperwork, fill out the forms, and wait for a tax refund. Shortly after filing, you receive a notice from the Internal Revenue Service that your refund request has been denied; you have already received a refund based on your 2021 tax […]
Will your tax refund take longer this year?
SAVANNAH, Ga. (WSAV) – Many people may be hoping for a quick tax refund this year, but you should know that the Internal Revenue Service has a backlog of up to 6 million unprocessed returns from of 2020. “We’re seeing some people getting refunds starting in 2019 when we file paper returns, so you don’t […]
United Way of the Mid-South offers tax preparation for families
If your household earned $58,000 or less last year, you qualify for the program. MEMPHIS, Tenn. — Filing your taxes might be a little tricky this year, but Centraide of the Middle South helps families file for free. In 2002, United Way of the Mid-South and the Internal Revenue Service launched a coalition of local […]
More Americans eligible for earned income tax credit in 2022
through: Cris BelleNexstar Multimedia Cable Job : January 30, 2022 / 2:43 PM EST / Update: January 30, 2022 / 2:43 PM EST (AP Photo/Susan Walsh, File) (WJW) — The Internal Revenue Service says more people without children are now eligible for greater tax relief. The earned income tax credit is the federal government’s largest […]
Florida man admits illegally accessing IRS system and fraudulently filing tax returns | USAO-NDWV
WHEELING, WEST VIRGINIA — Keith Joseph, of Miami, Fla., has admitted to committing wire fraud and aggravated identity theft, U.S. Attorney William Ihlenfeld said. Joseph, 37, pleaded guilty today to one count of ‘wire fraud’ and one count of ‘aggravated identity theft’. Joseph admitted to fraudulently accessing the Internal Revenue Service (IRS) online taxpayer authentication […]
Two letters from the IRS to watch for this tax season
FILE – In this March 22, 2013 file photo, the exterior of the Internal Revenue Service (IRS) building is seen in Washington. (AP Photo/Susan Walsh, File) (NEXSTAR) – Tax season officially started on Monday, January 24. As you prepare to file your 2021 taxes, you’ll want to watch for two letters from the IRS to […]
Tips from the IRS to get your tax refund faster
(NEXSTAR) – It’s almost that time of year again, when we keep our fingers crossed and hope to get some money back after filing our taxes – and for those who owe money, the IRS has a few advice on prompt refunds. The majority of Americans already use direct deposit to get their refunds, but […]
Main tax deductions for the self-employed
Self-employment comes with freedom, responsibility and lots of expense. While most self-employed people celebrate the first two, they shrink from the second, especially at tax time. They may not be aware of certain tax deductions to which they are entitled. Get every dollar you deserve with unlimited tax advice from experts who know self-employment taxes […]
File Idaho Tax Returns Starting Jan. 24 – Dailyfly.com Lewis-Clark Valley Community
Idaho State Tax Commission WOODED – The Idaho State Tax Commission begins processing Idaho personal income tax returns for 2021 on Monday, Jan. 24. The Internal Revenue Service begins processing federal returns the same day. Filing your return electronically is the safest and easiest way to file. It is also the fastest way to receive […]
Crypto Tax Experts Study the Impact of the Infrastructure Bill
Episode 2 of season 4 of The Scoop was recorded remotely with Aislinn Keely and Justin Woodward of The Block, tax lawyer and co-founder of TaxBit and Seth Wilks, Senior Director of SMB & Government Relations, TaxBit Listen below and subscribe to The Scoop on Apple, Spotify, Google Podcasts, embroiderer or wherever you listen to […]
BBB: Tips for Trusting Your Tax Preparer | News
Most people get help filing their taxes, either from computer software or from a tax preparer. Additionally, some filers may have questions regarding the impact of COVID-19 on their personal taxes. But horror stories in the media about tax service scams and scams have some consumers wondering who they can trust with their financial data […]
USI students who want to prepare their taxes through the Volunteer Income Tax (VITA) program
Image copyright: USI Photography and Multimedia As part of the Volunteer Income Tax Assistance (VITA) program, students at the University of Southern Indiana’s Roman College of Business will provide free federal and state income tax preparation on Monday evenings. The service is open to students, faculty, staff and the general public. The sessions will be […]
Guide to filing US income tax for estates and trusts
What is Form 1041: United States Income Tax Return for Estates and Trusts? Form 1041 is an Internal Revenue Service (IRS) income tax return filed by the estate, trust, or bankruptcy trustee of a national deceased. Part of Section 1041 of the Internal Revenue Code (IRC), Form 1041 is intended to report any taxable income […]
IRS accepts applications to serve on the Electronic Tax Administration Advisory Committee (ETAAC)
The Internal Revenue Service seeks qualified candidates for appointment to the Advisory Committee on Electronic Tax Administration. ETAAC provides an organized public forum for the discussion of e-tax administration issues – such as the prevention of identity theft and refund fraud – in support of the overarching goal of paperless filing should be the preferred […]
IRS Adds 9 New Members to Electronic Tax Administration Advisory Committee
The Internal Revenue Service has selected nine new members for the Electronic Tax Administration Advisory Committee (ETAAC). Created in 1998, the ETAAC is a public forum for the discussion of issues relating to electronic tax administration. Its objective is to prevent identity theft and reimbursement fraud in favor of the dematerialization of tax and information […]
Bill would ban IRS from creating free electronic tax filing system: NPR
NPR’s Rachel Martin talks to ProPublica reporter Justin Elliott about a bipartisan Congressional move that could bar the Internal Revenue Service from offering free online tax filing, STEVE INSKEEP, HTE: It’s April 15th, which means you need to file your taxes by midnight if you haven’t already. If you want to file online, you usually […]